IFRS
International Financial Reporting
Using IFRS is not an option any more – it is the future of global financial reporting. All listed companies throughout the European Union are required to prepare consolidated financial statements that comply with International Financial Reporting Standards ("IFRS"). Using a single set of standards for financial reporting has numerous advantages, including:
- Easier understanding of company finances
- Facilitates comparison of company and industry performance for users
- Wider access to finance on global markets
- Customers and suppliers have access to better partner financial information
Having a good grasp of IFRS is essential for the preparers of financial statements. Laura Ipacs has had many years of experience both in applying IFRS and in teaching them across the globe. Our IFRS courses use numerous examples, cases and illustrations in order to help understand and apply IFRS in the various scenarios that companies may face.
The courses are recommended for:
- Preparers of financial statements
- Financial analysts
- Users of financial information
- Internal and external auditors
Course structure
The courses are structured so as to cater for the needs of different user groups . Introductory, specialised and advanced topics are offered and the courses can be tailored to meet your company’s specific needs.
Topics covered on basic courses:
- The IFRS regulatory environment
- The format and contents of IFRS financial statements
- Commonly encountered balance sheet issues
- Commonly encountered income statement issues
- Disclosure issues
- The content and requirements of key IFRS
Specialised courses
- Preparing consolidated financial statements
- Updates – IFRS in 2010 and beyond
Advanced courses
- Deferred taxation Financial Instruments
- Share-based payments
- Employee benefits
- Foreign exchange
For details of courses and for tailored training, please contact us.